Binance Payment Partner Bifinity UAB Exits Europe as MiCA Reshapes Crypto Landscape

Binance users across Europe are facing a significant change in how they access fiat currency services as Bifinity UAB, the exchange's Lithuanian payment processor, announces its complete service termination effective December 31, 2025. The move comes amid sweeping regulatory changes in the European Union's cryptocurrency landscape, particularly the implementation of the Markets in Crypto-Assets (MiCA) regulation.

What's Happening: Bifinity UAB Service Termination

Bifinity UAB, which has served as Binance's primary fiat on-ramp and off-ramp service provider for European Economic Area (EEA) users, will cease all operations at the end of 2025. The company cited "changes in laws and regulations applicable to it" as the reason for the termination, effectively ending the Terms of Use agreement between Bifinity UAB and all its users.

This development affects certain payment methods for fiat currency services, specifically those handling EEA currencies including:

• EUR (Euro)
• DKK (Danish Krone)
• PLN (Polish Zloty)
• CZK (Czech Koruna)
• RON (Romanian Leu)
• HUF (Hungarian Forint)
• CHF (Swiss Franc)
• SEK (Swedish Krona)

Importantly, Binance has emphasized that users' ability to deposit, withdraw, buy, or sell crypto using available payment options will not be interrupted during this transition.

Meet the Replacement Providers

Binance has arranged for regulated replacement service providers to ensure continuity of fiat services. The new providers vary based on user location and currency:

For EEA Users

Harmoniie SAS (Ouitrust): Operating under the "Ouitrust" brand, this French company is authorized by the ACPR (Autorité de Contrôle Prudentiel et de Résolution) in France. Harmoniie SAS will handle funds denominated in EUR and DKK for EEA users.

UAB ZEN.COM: Licensed by the Bank of Lithuania, ZEN.COM will manage funds in PLN and other supported currencies for European users. The Lithuanian authorization ensures compliance with EU financial regulations.

For Non-EEA Users

BPay Global B.S.C. (c): Users outside the European Economic Area will have their fiat funds held by BPay Global, which is licensed by the Central Bank of Bahrain. This arrangement supports users in various currencies outside the EEA jurisdiction.

Why This Matters: MiCA's Impact on Crypto Services

The Bifinity UAB exit represents one of the most visible consequences of the European Union's MiCA regulation, which establishes comprehensive rules for cryptocurrency service providers operating within the bloc. MiCA requires crypto-asset service providers (CASPs) to obtain proper licensing and meet strict operational standards.

For payment processors like Bifinity UAB, compliance with both MiCA and existing financial regulations such as the Payment Services Directive (PSD2) has become increasingly complex. Rather than navigating this regulatory maze, some companies are choosing to exit the market entirely or restructure their operations.

This trend isn't unique to Bifinity. Several crypto service providers have been reassessing their European operations as MiCA's full implementation approaches. The regulation, while providing much-needed clarity for the industry, also raises the bar significantly for compliance and operational standards.

Binance's Global Restructuring Continues

The Bifinity transition is part of Binance's broader global restructuring efforts. The exchange recently received authorization for its global platform under the Abu Dhabi Global Market (ADGM) framework, signaling a strategic pivot toward jurisdictions with clearer regulatory frameworks.

Binance.com services will now be provided through ADGM-licensed entities, representing a significant shift in the exchange's corporate structure. This move allows Binance to operate under a well-defined regulatory regime while maintaining global reach.

The ADGM authorization is particularly significant given Binance's regulatory challenges in various jurisdictions over the past few years. Abu Dhabi has positioned itself as a crypto-friendly financial hub, offering comprehensive regulatory frameworks that provide certainty for digital asset businesses.

What Users Need to Do

The good news for Binance users: no immediate action is required. The transition to new service providers will happen automatically, and users will retain full access to their fiat funds through their Binance accounts.

Binance has committed to communicating available payment methods to affected users via email or in-app notifications along with the formal termination notice for Bifinity UAB services. Users can also check real-time payment method availability through the Binance App or website.

Key points for users to remember:

1. Funds are safe: Your fiat funds will remain accessible through your Binance account
2. Service continuity: Crypto trading and transfers continue uninterrupted
3. Automatic transition: New providers will handle your fiat services automatically
4. Check for updates: Monitor Binance communications for specific changes to your payment methods

The Bigger Picture: European Crypto Market Evolution

The Bifinity exit highlights the ongoing evolution of cryptocurrency services in Europe. As MiCA implementation progresses, the market is likely to see further consolidation and restructuring among service providers.

For European crypto users, this means potential short-term disruptions but ultimately a more regulated and potentially safer ecosystem. Licensed providers operating under strict regulatory oversight offer greater consumer protections than the relatively unregulated environment that characterized crypto's early years.

The challenge for exchanges and service providers will be balancing compliance costs with competitive pricing and service quality. Users may see changes in available payment methods, processing times, or fees as the market adjusts to the new regulatory reality.

Looking Ahead: What to Expect in 2026

As the December 31, 2025 deadline approaches, Binance users should expect:

• Communication from Binance: Detailed instructions about the transition and new service providers
• Possible temporary limitations: Some payment methods may be temporarily unavailable during the transition period
• New terms of service: Users will need to accept terms with the new service providers
• Updated compliance requirements: Additional verification may be required depending on your location and the new provider's requirements

The Bifinity UAB exit marks another chapter in the cryptocurrency industry's maturation process. While change can be unsettling, the shift toward regulated, licensed service providers ultimately strengthens the foundation for broader cryptocurrency adoption in Europe and beyond.

For now, Binance users can continue using services as normal while staying alert for official communications about the transition. The exchange has made clear that user funds and trading capabilities will remain intact throughout this process.